Plastic2Oil Inc (PTOI)

[JBIIRULES]

Stringent regulations regarding depletion and recyclability of conventional materials, such as metal and wood, are anticipated to drive greater demand for plastic from the construction industries in insulation, pipes, cables, floorings, windows, storage tanks, and others. Polymer fittings are also generally quite simple and easy to install, compared to metals or wood, with a wide range of color combinations adding to their aesthetic appeal. Plastics have 85% less specific gravity compared to metals. When used in the automotive and construction industries, they enable approximately 80% weight savings and 30% to 50% cost savings in individual components.

Plastic Market Size, Share & Trends Analysis Report By Product (PE, PP, PU, PVC, PET, Polystyrene, ABS, PBT, PPO, Epoxy Polymers, LCP, PC, Polyamide), By Application, By End-use, By Region, And Segment Forecasts, 2021 - 2028

https://www.grandviewresearch.com/industry-analysis/global-plastics-market